Lot 11 Lakeland Dr., Miramar Beach, FL 32550

A rare opportunity awaits for you to own a 50' X 100' (5,000 sq. ft.) nonflood zone lot in the Private Exclusive Gated Neighborhood of Frangista Beach. Build your dream vacation home or investment property in Frangista Beach Villas that features a community pool and clubhouse. The community is located just mere blocks from public & private white-sandy beach access into Emerald Gulf of Mexico Waters. The gated neighborhood with security patrol features well-designed paved roads that have a luxury feel as you enjoy coming in and out of your gated neighborhood. This feature lot has an unobscured view of the wooded area behind your new home for you to enjoy for years to come, also with an East facing rear that offers sunshine-filled mornings while you relax in your backyard, patio, pool, or your outdoor oasis for you to relax in. Do not miss out on this rare opportunity to own one of the last available lots in Frangista Beach Villas. Homes in this neighborhood are being built and sold for 1.5 million or more with a projected rental income of $200,000 - $250,000 per year.